๐ง๐น๐ฅ BHUTAN LAUNCHES NATIONAL CRYPTO TOURISM PAYMENT SYSTEM
Bhutan has teamed up with Binance Pay and DK Bank to let tourists pay for flights, hotels, visas, and sustainability fees using crypto like BTC, ETH, and BNB. This is the worldโs first nationwide crypto-powered tourism system.
๐ Crypto tourists spend more
Average spending is ~$1,000 vs. $350 from regular travelers. Bhutan targets 300,000 annual visitors, up from 103,000 in 2023.
๐ธ Zero-fee cross-border payments
No SWIFT delays, instant conversion to local currency or USD, and over 1,000 vendors already support crypto payments.
๐ฑ Boosting economy & jobs
Tourism revenue could reduce 19% youth unemployment and strengthen foreign reserves. The $100/day eco-fee funds infrastructure and conservation.
๐ Crypto market impact
This may drive demand for BNB, BTC, and ETH, and expand Binance Payโs footprint (40M+ users). Bhutan also mines Bitcoinโcrypto is central to its growth strategy.
โ ๏ธ Challenges ahead
Internet gaps and regulatory issues remain. But success could make Bhutan a model for crypto-tourism in places like Thailand or the Maldives.
A bold move from a small nation with big crypto ambition.
#CryptoTourism #Bhutan #BinancePay